The 2024 State of the Industry Report found that the most significant change in the market over the past decade has been the expansion of the international watch and…
A new analysis of the market capitalisation of the world’s leading luxury goods companies shows that five of the top 25 are jewellery businesses. Interestingly, two companies are retailers…
Retailer Watches of Switzerland has lowered its full-year forecast, citing an adverse market for luxury timepieces. The UK-based retailer expects sales of between £1.53 billion ($AU2.95 billion) and £1.55…
Watch industry juggernaut Rolex has been fined €91.6 million ($AU149.2 million) by France’s competition authority for preventing authorised dealers from selling new watches online. Rolex has a worldwide policy…
Sotheby’s Important Watches auction in New York produced more than $US14 million ($AU20.8 million) in sales, headlined by Patek Phillipe and Rolex pieces. The 7 December sales sold 91…
The World Wildlife Fund (WWF) has issued a scathing criticism of the jewellery and watch industry, publishing a report raising questions about the environmental impact of the trade. The…
Luxury retailer Watches of Switzerland has recorded a revenue increase in the second quarter of the financial year off the back of solid sales performance in the US market. …
Luxury retailer Watches of Switzerland has recorded a revenue increase in the second quarter of the financial year off the back of solid sales performance in the US market. …
A new study into consumer trends online has revealed that Pandora is the world’s most-searched jewellery brand. According to Google data analysis by retailer Watch Pilot, Pandora collected more…
Rolex surprised the international luxury watch industry three weeks ago when it announced the acquisition of Swiss retailer Bucherer. Bucherer has a worldwide store count of approximately 100, with…